Three-Bedroom Residential Income
For Sale
$949,000
505 W Elm Street Unit 3, Chicago, IL 60610
Church conversion residence with elevated ceilings, custom interiors, and a chef-oriented kitchen with premium appliances.
Property SizeContact for details
Days on Market12
Property Features for 505 W Elm Street Unit 3
General Information
Standard status
Active
Property subtype
Condo-Duplex
Additional Details
Multifamily Units
1
Building Details
Year Built
1893
Listing Agency:
Compass
(847) 312-8005
Listed By:
Joanna Olszynska · License #475142138
Source:
Dawnmckennagroup
Added: Aug 13
Changed: Aug 22
Last Checked: Aug 23 at 9:18AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass
Investment Insights
Based on property information with market context.
This residential income property is Unit 3 within a church conversion completed as seven residences. The three-bedroom home includes three full bathrooms, an open living arrangement, tall ceilings, and hardwood flooring throughout. Interior appointments include a Thermador-equipped kitchen with quartz surfaces, a waterfall island, beverage center, and Studio41-selected custom finishes. Organized closets and installed window treatments are included. Construction features comprise closed-cell foam insulation and triple-pane windows. The property dates to 1893 and is located in Chicago’s Historic Old Town neighborhood. Dining, boutique retail, lakefront parks, beaches, and cultural attractions are described as being within close proximity.
Key Highlights
- Unit 3 in a seven‑residence church conversion
- Three‑bedroom layout with three full bathrooms
- Thermador appliances, quartz countertops, waterfall island, and beverage center
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
6,833
Businesses Nearby
Explore this area
Business Placement
Demographics for 60610, IL
43,794
Population
30,091
Households
1.5
Avg Household Size
34
Median Age
79%
College-Educated
97%
High-School Grad
1.1 sq mi
ZIP Area
39,813
Density / Sq Mi
$105,649
Median Household Income
$82,934
Median Earnings
$2,029
Median Rent
$543,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Church conversion residence with elevated ceilings, custom interiors, and a chef-oriented kitchen with premium appliances.
Where is this residential income property located?
The property is located at 505 W Elm Street Unit 3 Chicago, IL.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: Unit 3 in a seven‑residence church conversion; Three‑bedroom layout with three full bathrooms; Thermador appliances, quartz countertops, waterfall island, and beverage center
